Extra-Vert: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Extra-Vert
Largest movements
- Receivables within one year -€169,172
down €169,172 (-56.1%), from €301,402 to €132,230
of which Trade receivables: -€165,026
- Tangible fixed assets -€131,669
down €131,669 (-6.5%), from €2.0m to €1.9m
- Stocks and contracts -€66,499
down €66,499 (-35.8%), from €185,906 to €119,407
of which Contracts in progress: -€50,000
- Profit (loss) carried forward -€381,828
down €381,828 (-101.5%), from -€376,033 to -€757,861
- Debts after one year -€148,412
down €148,412 (-7.6%), from €1.9m to €1.8m
of which Financial debts: -€158,412
- Trade debts +€78,712
up €78,712 (+28.4%), from €277,283 to €355,995
- Other debts +€52,384
up €52,384 (+177.3%), from €29,553 to €81,937
- Gross operating margin -€178,236
down €178,236 (-29.3%), from €609,266 to €431,029
- Depreciation -€22,168
down €22,168 (-13.9%), from €159,213 to €137,045
- Staff costs -€16,163
down €16,163 (-3.0%), from €532,917 to €516,754
- Financial charges +€13,224
up €13,224 (+12.0%), from €110,501 to €123,725
of which Financial charges: +€14,054
- Other operating charges +€9,119
up €9,119 (+36.8%), from €24,767 to €33,886
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,544,291 | €2,171,936 | -€372,355 | -14.6% |
| Fixed assets | 21/28 | €2,044,186 | €1,905,374 | -€138,812 | -6.8% |
| Intangible fixed assets | 21 | €24,948 | €17,805 | -€7,143 | -28.6% |
| Tangible fixed assets | 22/27 | €2,019,238 | €1,887,569 | -€131,669 | -6.5% |
| Land and buildings | 22 | €1,739,906 | €1,709,924 | -€29,981 | -1.7% |
| Plant, machinery and equipment | 23 | €111,105 | €74,543 | -€36,562 | -32.9% |
| Furniture and vehicles | 24 | €168,227 | €103,101 | -€65,126 | -38.7% |
| Current assets | 29/58 | €500,105 | €266,562 | -€233,543 | -46.7% |
| Stocks and contracts in progress | 3 | €185,906 | €119,407 | -€66,499 | -35.8% |
| Stocks | 30/36 | €135,906 | €119,407 | -€16,499 | -12.1% |
| Contracts in progress | 37 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €301,402 | €132,230 | -€169,172 | -56.1% |
| Trade receivables | 40 | €296,972 | €131,946 | -€165,026 | -55.6% |
| Other amounts receivable | 41 | €4,430 | €283 | -€4,147 | -93.6% |
| Deferred charges and accrued income | 490/1 | €12,797 | €14,926 | +€2,128 | +16.6% |
| Total equity and liabilities | 10/49 | €2,544,291 | €2,171,936 | -€372,355 | -14.6% |
| Equity | 10/15 | -€75,469 | -€457,296 | -€381,828 | -505.9% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Revaluation surpluses | 12 | €95,565 | €95,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€376,033 | -€757,861 | -€381,828 | -101.5% |
| Amounts payable | 17/49 | €2,619,760 | €2,629,232 | +€9,473 | +0.4% |
| Amounts payable after more than one year | 17 | €1,948,357 | €1,799,945 | -€148,412 | -7.6% |
| Financial debts | 170/4 | €1,448,357 | €1,289,945 | -€158,412 | -10.9% |
| Other amounts payable | 178/9 | €500,000 | €510,000 | +€10,000 | +2.0% |
| Amounts payable within one year | 42/48 | €667,335 | €824,213 | +€156,879 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €158,140 | €171,518 | +€13,379 | +8.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €277,283 | €355,995 | +€78,712 | +28.4% |
| Suppliers | 440/4 | €277,283 | €355,995 | +€78,712 | +28.4% |
| Taxes, remuneration and social security | 45 | €152,359 | €164,764 | +€12,404 | +8.1% |
| Taxes | 450/3 | €26,165 | €13,258 | -€12,907 | -49.3% |
| Remuneration and social security | 454/9 | €126,195 | €151,505 | +€25,311 | +20.1% |
| Other amounts payable | 47/48 | €29,553 | €81,937 | +€52,384 | +177.3% |
| Accrued charges and deferred income | 492/3 | €4,068 | €5,074 | +€1,006 | +24.7% |
| Non-recurring operating income | 76A | €2,075 | €25,717 | +€23,642 | +1139.3% |
| Remuneration, social security and pensions | 62 | €532,917 | €516,754 | -€16,163 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,213 | €137,045 | -€22,168 | -13.9% |
| Other operating charges | 640/8 | €24,767 | €33,886 | +€9,119 | +36.8% |
| Non-recurring operating charges | 66A | €840 | €2,241 | +€1,401 | +166.8% |
| Gross operating margin | 9900 | €609,266 | €431,029 | -€178,236 | -29.3% |
| Operating profit (loss) | 9901 | -€108,471 | -€258,897 | -€150,426 | -138.7% |
| Financial income | 75/76B | €4,624 | €1,045 | -€3,579 | -77.4% |
| Recurring financial income | 75 | €4,624 | €1,045 | -€3,579 | -77.4% |
| Financial charges | 65/66B | €110,501 | €123,725 | +€13,224 | +12.0% |
| Recurring financial charges | 65 | €88,148 | €102,202 | +€14,054 | +15.9% |
| Non-recurring financial charges | 66B | €22,353 | €21,523 | -€830 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€214,348 | -€381,578 | -€167,229 | -78.0% |
| Income taxes | 67/77 | €256 | €250 | -€6 | -2.3% |
| Profit (loss) for the period | 9904 | -€214,604 | -€381,828 | -€167,223 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€214,604 | -€381,828 | -€167,223 | -77.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.